Pensions And Postretirement Benefits

9 Months Ended

Sep. 30, 2014

Pensions And Postretirement Benefits [Abstract]

Pensions And Postretirement Benefits

NOTE 9 – PENSIONS AND POSTRETIREMENT BENEFITS

ETSWDC sponsors a non-contributory defined benefit pension plan and a contributory postretirement benefit plan covering substantially all its employees.

The components of net periodic benefit costs are reflected in our consolidated statements of operationsin the “Disposal and related operating expense” caption as follows:

	Three Months Ended				Nine Months Ended
	September 30, 2014		September 30, 2013		September 30, 2014		September 30, 2013
Qualified Pension Plan
Interest cost	$	257	$	172	$	772	$	172
Service cost		62		54		185		54
Expected return on plan assets		(337)		(209)		(1,011)		(209)
Net periodic pension cost (income)	$	(18)	$	17	$	(54)	$	17
Postretirement Benefits
Interest cost	$	43	$	58	$	129	$	58
Service cost		9		11		26		11
Expected return on plan assets		(24)		(14)		(73)		(14)
Amortization of (gain)/loss		(68)		-		(205)		-
Total postretirement benefit cost (income)	$	(40)	$	55	$	(123)	$	55